CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country was identified as the largest arms importer in the SIPRI report for 2023?
A
Germany
B
India
C
Norway
D
Kazakhstan
Explanation: 

Detailed explanation-1: -India is still the world’s largest importer of military equipment, despite an 11% decline in arms purchases between 2013–17 and 2018–22, according to a study by the Sipri 2023.

Detailed explanation-2: -The latest data on international arms transfers released by the Stockholm International Peace Research Institute (SIPRI) on Monday shows Russia remains the largest weapons supplier to India, with 45% of the total imports in the 2018-2022 timeframe, though its share is declining.

Detailed explanation-3: -As on March 14, 2023, India exported Rs 13, 399 crore of defence products, the report said. In the previous year’s SIPRI report, India was ranked the 23rd largest exporter above Brazil and Portugal. All three nations had an equal share of 0.2%.

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